Golden Heaven Group Stock Market Value
| GDHG Stock | 1.65 0.06 3.77% |
| Symbol | Golden |
Golden Heaven Group Price To Book Ratio
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Heaven. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Heaven listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.67) | Earnings Share 1.62 | Revenue Per Share 24.732 | Quarterly Revenue Growth (0.31) | Return On Assets 0.0292 |
The market value of Golden Heaven Group is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Heaven's value that differs from its market value or its book value, called intrinsic value, which is Golden Heaven's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Heaven's market value can be influenced by many factors that don't directly affect Golden Heaven's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Heaven's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Heaven is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Heaven's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Golden Heaven 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Golden Heaven's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Golden Heaven.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Golden Heaven on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Golden Heaven Group or generate 0.0% return on investment in Golden Heaven over 720 days. Golden Heaven is related to or competes with JBG SMITH, Meiwu Technology, Eastern, Asure Software, Allient, Western Digital, and Franklin Wireless. Golden Heaven is entity of United States More
Golden Heaven Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Golden Heaven's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Golden Heaven Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 37.34 | |||
| Value At Risk | (13.48) | |||
| Potential Upside | 8.5 |
Golden Heaven Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Golden Heaven's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Golden Heaven's standard deviation. In reality, there are many statistical measures that can use Golden Heaven historical prices to predict the future Golden Heaven's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (1.88) | |||
| Total Risk Alpha | (2.75) | |||
| Treynor Ratio | (0.93) |
Golden Heaven Group Backtested Returns
Golden Heaven Group holds Efficiency (Sharpe) Ratio of -0.25, which attests that the entity had a -0.25% return per unit of risk over the last 3 months. Golden Heaven Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Golden Heaven's Market Risk Adjusted Performance of (0.92), standard deviation of 6.9, and Risk Adjusted Performance of (0.17) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.78, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Golden Heaven will likely underperform. At this point, Golden Heaven Group has a negative expected return of -1.74%. Please make sure to check out Golden Heaven's treynor ratio, accumulation distribution, price action indicator, as well as the relationship between the potential upside and day median price , to decide if Golden Heaven Group performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Golden Heaven Group has insignificant reverse predictability. Overlapping area represents the amount of predictability between Golden Heaven time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Golden Heaven Group price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Golden Heaven price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 18.5 K |
Golden Heaven Group lagged returns against current returns
Autocorrelation, which is Golden Heaven stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Golden Heaven's stock expected returns. We can calculate the autocorrelation of Golden Heaven returns to help us make a trade decision. For example, suppose you find that Golden Heaven has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Golden Heaven regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Golden Heaven stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Golden Heaven stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Golden Heaven stock over time.
Current vs Lagged Prices |
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Golden Heaven Lagged Returns
When evaluating Golden Heaven's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Golden Heaven stock have on its future price. Golden Heaven autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Golden Heaven autocorrelation shows the relationship between Golden Heaven stock current value and its past values and can show if there is a momentum factor associated with investing in Golden Heaven Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Golden Heaven Group is a strong investment it is important to analyze Golden Heaven's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Golden Heaven's future performance. For an informed investment choice regarding Golden Stock, refer to the following important reports:Check out Golden Heaven Correlation, Golden Heaven Volatility and Golden Heaven Alpha and Beta module to complement your research on Golden Heaven. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Golden Heaven technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.